About RxFunction
RxFunction is a company based in Minneapolis (United States) founded in 2010 by Lars Oddsson. RxFunction has raised $39.95 million across 12 funding rounds from investors including HHS and Cedar Point Capital. RxFunction offers products and services including Walkasins. RxFunction operates in a competitive market with competitors including HyperIce, MedRhythms, Neocis, Fundamental Surgery and KT Tape, among others.
- Headquarter Minneapolis, United States
- Founders Lars Oddsson
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Sectors
TechnologyHealthcare
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Email
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Phone
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Website
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Social
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- Legal Name Rxfunction, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$39.95 M (USD)
in 12 rounds
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Latest Funding Round
$5 M (USD), Series B
Oct 27, 2022
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Investors
HHS
& 1 more
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Employee Count
Not available
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Products & Services of RxFunction
RxFunction offers a comprehensive portfolio of products and services, including Walkasins.
Provides tactile feedback to enhance balance for peripheral neuropathy patients.
People of RxFunction
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Funding Insights of RxFunction
RxFunction has successfully raised a total of $39.95M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in RxFunction
RxFunction has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Cedar Point Capital.
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Public health and human services are overseen by HHS.
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Investor details for RxFunction
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Investments & Acquisitions by RxFunction
Investment portfolio details for RxFunction
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Financial Statements - RxFunction
Detailed financials for RxFunction
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Rxfunction Comparisons
Peer comparison for RxFunction
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Competitors of RxFunction
RxFunction operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HyperIce, MedRhythms, Neocis, Fundamental Surgery and KT Tape, among others.
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Internet first brand offering smart devices for physical fitness
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Provider of wearable devices to combat neurological injuries and recover walking functions
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Robotic guidance systems for dental implantation surgeries are provided.
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AI-based surgical simulation is enabled via VR and haptics.
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Manufacturer of kinesiology tape and related recovery products. It offers a variety of tapes designed for different needs and activity levels, including options for sensitive skin and specific areas of the body. The product line also includes supporting items such as ice sleeves, pain relief gels, and blister prevention products. The company provides educational resources on proper application techniques and offers a mobile application for further support. The focus is on providing solutions for pain relief, muscle support, and recovery from injuries.
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Wearable tibial nerve stimulation device treats overactive bladder symptoms.
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Detailed competitors of RxFunction
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Latest news on Rxfunction
Complete news archive for RxFunction
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Frequently Asked Questions about RxFunction
RxFunction was founded in 2010 and raised its 1st funding round 1 year after it was founded.
RxFunction is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Mary Ernst Anderson is the current CEO of RxFunction.
RxFunction is a funded company, having raised a total of $39.95M across 12 funding rounds to date.
RxFunction was founded in 2010 in Minneapolis, United States, and operates in the medical devices sector focused on balance technology. Wearable solutions for individuals with sensory peripheral neuropathy are created, including a leg unit with electronics and vibrating motors, paired with insoles that detect foot pressure. Real-time tactile cues are delivered to enhance balance and stability during daily activities.
RxFunction's top competitors include HyperIce, Fundamental Surgery and MedRhythms.
RxFunction offers Walkasins.
RxFunction has 2 investors. Key investors include HHS, and Cedar Point Capital.